The Family Place’s Capital Campaign Gets $1 Million from James Dondero

The Legacy Campaign conducted by The Family Place got a grant worth $ 1 million from James Dondero’s firm. These funds will get the Family Place closer to their $16.5 millions target since the remaining amount was $2.8 million. The announcement was made by James Dondero at the Dallas’s Hilton Anatole when he attended the 21st Trailblazer Awards. Family Place is an organization that supports family violence victims in Dallas.

James Dondero mentioned that that grant was meant to respond to a call to action that was made by Dallas’s Mayor and Chief of Police namely Mike Rawlings and David Brown respectively. The leaders asked the members of the public to offer their support so that the life-threatening problem can be solved.

While giving his speech, James also mentioned that his firm, Highland Capital Management, was impressed with the philanthropic assistance The Family Place offers, including the way the campaign concept was handled from the start to the final stage in a year. James also said that he was proud of making such an investment with other generous and thoughtful individuals and organizations in Dallas.

Mr. Dondero is Highland Capital Management’s President and Co-founder. Since 1993, the Highland Capital had spearheaded the growth of Collateral Loan Obligation market, including the creation of credit oriented solutions for both institutional and retail investors.

The campaign aims to fund the construction and to run a counseling center (Ann Moody Place) for victims of family violence in central Dallas. The center was designed by a top architecture firm, Corgan, and will have 13 bedrooms, a dental clinic, a medical clinic, a call center, space for job training, and private and group counseling rooms. It’s anticipated that the building will get to serve more than 2,000 victims every year. An on-site child development center is to be provided too.